A Change in Which of the Following Can Change the Long-Run

question 2

Multiple Choice

A change in which of the following can change the long-run growth rate of the economy in the Romer model?

• A)investments in public infrastructure
• B)the national saving rate
• C)the fraction of the population engaged in and the productiveness of research and development
• D)government spending and tax rates

Differentiate between ethical and unethical sales practices.

Recognize the legal boundaries of sales promotions and statements.

Identify the ethical considerations of reciprocity and tie-in sales practices.

Grasp the importance of ethical leadership and management actions in promoting ethical behavior within a sales force.

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Definitions:

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) for global use.

U.S. GAAP

Generally Accepted Accounting Principles in the United States, which are a set of accounting standards used for financial reporting.

Norwalk Agreement

An agreement between the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) to make their existing financial reporting standards fully compatible as soon as practicable and to coordinate their future work programs to ensure compatibility.

SEC

The Securities and Exchange Commission (SEC) is a U.S. government agency responsible for regulating the securities markets and protecting investors by ensuring transparency, fair dealing, and enforcement of securities laws.